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Byline: GREG MIGLIORE
What does the long-anticipated union of Sirius and XM mean for consumers? Initially, more choices and a chance to cherry-pick some of your favorite channels from each lineup. But long-term, the outlook is murkier.
The Federal Communi-cations Commission has signed off on the deal, which will create a mega-broadcaster with nearly 18 million subscribers. Sirius is expected to be the surviving parent company, with XM becoming a subsidiarythough XM is slightly larger based on the number of channels and subscribers.
The impact will be almost immediate, as the companies have promised the FCC that they'll offer new packages that would work on some receivers within three months. The options include a la carte programming, ...
Source: HighBeam Research, Blockbuster Sirius-XM merger OK'd; WHAT'S IT MEAN FOR YOUR FAVORITE...